The funds exchanged in the United States (ETFS) in the United States recorded $ 412.2 million in net flows on June 16, its line extends to six days and the total cumulative flows were paid to $ 46.04 billion.
The six -day flow process began on June 9 and now absorbed more than $ 1.8 billion in capital, According to To data from Sosovalue. The tour continued despite the escalation of geopolitical tensions, including the renewal of the conflict between Iran and Israel.
Daily contributions included $ 386.27 million on June 9, followed by an increase of 431.12 million dollars on June 10. Despite a slight decrease in the middle of the week, the flows flourished sharply with 322.60 million dollars on June 13 and the latest 412.20 million dollars on June 16.
The total of net assets in all US bitcoin currency (BTCThe circulating investment funds amounted to $ 132.50 billion, which now represents 6.13 % of the maximum of the bitcoin market. The trading volume remained strong, as the value was exchanged 3.12 billion dollars on June 16 alone.
Related to: New ETF applications may indicate “Altcoin” summer
Ibit from Blackrock leads the charge
Blackrock’s ISHARES Bitcoin Trust (IBIT) The fees, which recorded a net flow worth $ 266.60 million on June 16, have now accumulated $ 50.03 billion.
Fabtc Febelity followed $ 82.96 million, while GTSCale’s GBTC It has been delayed with only $ 12.84 million and still shows a clear flow of 23.23 billion dollars since its establishment.
“Despite the high tensions between Israel and Iran, the institutions are looking for short -term fluctuations and focused on locating in the long term,” said Vincent Liu, chief investment official at Cronus Research in Taiwan, adding:
“The fixed ETF flows in Bitcoin reflect the increasing confidence in the flexibility of the BTC and access to it and its role as a hedge in a changing Macro environment.”
Related to: The social files of the Trump S-1, for the double bitcoin and Ether Etf
Bitcoin declines, but the market structure carries
The unexpected Israeli strike on Iran on June 13 sparked a market sale, Bitcoin pulled down more than 7 % And ending the week in negative lands.
Under the cover, the scales showed the signs of surrender, bitfinex analysts He said In the June 16 report. They pointed out that the net advanced volume reaches the lowest level in several weeks at 197 million dollars, which indicates aggressive sale.
“However, this sale, with a rise in the qualifiers, is similar to previous settings similar to surrender, which often determines the local bottoms,” analysts said.
They added that if Bitcoin managed to keep a 102,000 dollar region – 103,000 dollars, this may indicate that the sale of the sale is absorbed and that the market can be prepared to recover.
magazine: Older investors risk everything for retirement from encryption
publish_date
